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Insurance Risk Engineer Jobs in Chicago, IL (NOW HIRING)

Responsible for managing an automated risk-based trending system that will help the organization ... Our benefit package includes health insurance, life and disability, 401(k) contributions, paid time ...

Responsible for managing an automated risk-based trending system that will help the organization ... Our benefit package includes health insurance, life and disability, 401(k) contributions, paid time ...

The role of an Account Risk Engineer is critical to what we do at AIG, both as a risk management resource to our clients and as a leading global insurance organization. Account Risk Engineersare ...

Invenergy is North America's largest privately held developer, owner, and operator of power ... General insurance support: * Assist with the preparation of monthly, quarterly, and annual risk ...

Invenergy is North America's largest privately held developer, owner, and operator of power ... General insurance support: * Assist with the preparation of monthly, quarterly, and annual risk ...

Invenergy is North America's largest privately held developer, owner, and operator of power ... General insurance support: * Assist with the preparation of monthly, quarterly, and annual risk ...

Expertise in statistical tools, programming languages, and visualization tools (e.g. Python, R, SQL ... of insurance-based risk transfer, working to make the world more resilient. We anticipate and ...

Expertise in statistical tools, programming languages, and visualization tools (e.g. Python, R, SQL ... of insurance-based risk transfer, working to make the world more resilient. We anticipate and ...

Software Engineer - Risk DRW is a diversified trading firm with over 3 decades of experience ... insurance, health savings accounts, and flexible spending accounts.

... understanding of the insurance industry and trends to effectively communicate leading risk ... Bachelor's or Master's Degree in business, engineering, accounting or related discipline. * Minimum ...

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Showing results 1-20

Insurance Risk Engineer information

See Chicago, IL salary details

$40.2K

$104.8K

$141.6K

How much do insurance risk engineer jobs pay per year?

As of Jun 12, 2026, the average yearly pay for insurance risk engineer in Chicago, IL is $104,820.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,500.00 and $120,000.00 per year, depending on experience, location, and employer.

What does an Insurance Risk Engineer do?

An Insurance Risk Engineer assesses potential risks associated with a business or property to help insurers make informed underwriting decisions. They analyze safety protocols, operational procedures, and structural conditions to identify hazards and recommend risk mitigation strategies. Their goal is to minimize potential losses for both the insurer and the policyholder by implementing effective preventive measures. Risk engineers often conduct site inspections, review compliance with industry regulations, and provide detailed reports to underwriters. This role requires a strong understanding of engineering principles, risk assessment methodologies, and industry-specific safety standards.

What are the typical daily responsibilities of an Insurance Risk Engineer?

Insurance Risk Engineers commonly spend their days conducting on-site risk assessments of commercial and industrial properties, analyzing data to identify potential hazards, and preparing detailed risk evaluation reports for underwriters and clients. They often meet with property managers, safety officers, and other stakeholders to discuss best practices and recommend loss prevention measures. The role may involve occasional travel to client locations and close collaboration with underwriting and claims teams. This dynamic work environment enables continuous learning and opportunities to make tangible impacts on risk management outcomes.

What are the key skills and qualifications needed to thrive in the Insurance Risk Engineer position, and why are they important?

To thrive as an Insurance Risk Engineer, you need a solid background in engineering or a related technical field, strong analytical abilities, and in-depth knowledge of risk assessment methodologies. Familiarity with risk modeling software, industry safety codes, and certifications such as CFPS (Certified Fire Protection Specialist) or ARM (Associate in Risk Management) is highly valued. Exceptional communication, problem-solving skills, and attention to detail are key soft skills for effectively interacting with clients and translating complex technical findings. These competencies ensure accurate risk evaluations, support underwriters, and help mitigate losses, ultimately protecting both insurers and their clients.

What are the most commonly searched types of Insurance Risk Engineer jobs in Chicago, IL? The most popular types of Insurance Risk Engineer jobs in Chicago, IL are:
What are popular job titles related to Insurance Risk Engineer jobs in Chicago, IL? For Insurance Risk Engineer jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Engineer jobs in Chicago, IL look for? The top searched job categories for Insurance Risk Engineer jobs in Chicago, IL are:
Infographic showing various Insurance Risk Engineer job openings in Chicago, IL as of June 2026, with employment types broken down into 50% Full Time, and 50% Part Time. Highlights an 100% In-person job distribution, with an average salary of $104,820 per year, or $50.4 per hour.
Risk Management Engineer

Risk Management Engineer

Medline

Northfield, IL

$79K - $119K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 29 days ago


Medline Industries rating

7.6

Company rating: 7.6 out of 10

Based on 245 frontline employees who took The Breakroom Quiz

218th of 518 rated manufacturers


Job description

Job Summary

JOB SUMMARY Key contributor within the organization that monitors, maintains, and enhances risk controls by analyzing quality data and major quality events to ensure Medline is properly controlling risks on a global level for medical devices, cosmetics, and OTC drugs. Responsible for managing an automated risk-based trending system that will help the organization foresee risks as well as objectively proving that risk controls are effective. Provide expertise to the organization including education, technical support, issue resolution, and integration of new or enhanced risk controls to be compliant with EU MDR along with satisfying FDA, ISO 13485, and ISO 14971 risk management related processes throughout the product life cycle. Collaborate with Medline's R&D team during design and development, manufacturing teams to implement appropriate risk controls, post-market surveillance teams to determine if new risks have arisen, and Regulatory Affairs to support FDA inspections.

Job Description

MAJOR RESPONSIBILITIES:

  • Analyze and normalize multiple streams of data to gauge the health of the risk management system. Work with Subject Matter Experts (SMEs) to create a framework for Risk-based dashboards to be used for real-time decision-making and management reporting. Provide detailed input to stakeholders on how to implement risk controls as well as create and implement controls Identify inefficiencies in Medline's global quality management system. Take action to address identified inefficiencies. Develop timelines for all projects and ensure that deadlines and goals are being met. Frequently update management and team on progress. Proactively work with members of the division or project team to identify issues that might delay the project; make recommendations to improve time lines for project completion.
  • MINIMUM JOB REQUIREMENTS Education Bachelor of Science Degree in Biology, Chemistry, Engineering or Statistics-based degree. Work Experience At least 2 years of QA/QE experience in a cGMP Device or environment. Complete device life cycle experience related to design, production, use of a device, and ISO 14971. Experience with Data visualization tools/business intelligence tools such as Tableau, Power BI, or Qlik. Experience leading multiple, complex projects. Knowledge / Skills / Abilities Strong ability to manage multiple priorities. Self-starter attitude. Good oral and writing skills. Ability to work independently and as a team in an efficient manner.
  • PREFERRED JOB REQUIREMENTS Education Masters of Science - Chemistry, Biology, Biotechnology, Chemical Manufacturing, or other related field. Certification / Licensure Six Sigma certification.

Medline Industries, LP, and its subsidiaries, offer a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.

The anticipated salary range for this position:

$79,000.00 - $119,000.00 Annual

The actual salary will vary based on applicant's location, education, experience, skills, and abilities. This role is bonus and/or incentive eligible. Medline will not pay less than the applicable minimum wage or salary threshold.

Our benefit package includes health insurance, life and disability, 401(k) contributions, paid time off, etc., for employees working 30 or more hours per week on average. For roles where employees work less than 30 hours per week, benefits include 401(k) contributions, paid time off, as well as access to the Employee Assistance Program, Employee Resource Groups and the Employee Service Corp. For a more comprehensive list of our benefits please click here.

We're dedicated to creating a Medline where everyone feels they belong and can grow their career. We strive to do this by seeking diversity in all forms, acting inclusively, and ensuring that people have tools and resources to perform at their best. Explore our Belonging pagehere.

Medline Industries, LP is an equal opportunity employer. Medline evaluates qualified individuals without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, neurodivergence, protected veteran status, marital or family status, caregiver responsibilities, genetic information, or any other characteristic protected by applicable federal, state, or local laws.


What Medline Industries employees say

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About Medline

Sourced by ZipRecruiter

Medline Industries, LP is the leading nationwide supplier of medical, surgical and pharmaceutical products to hospitals, nursing homes, HME providers, surgery centers, physician offices and home care/hospice settings.

Industry

Medical equipment and supplies manufacturing

Company size

10,000+ Employees

Headquarters location

Winnetka, IL, US

Year founded

1966